Foreign investment in Canadian securities rose to $7.7 billion

"Foreign investment in Canadian securities totalled $7.7 billion in September, mainly acquisitions of money market instruments," Statistics Canada reported on Friday. 

Key takeaways from the press release

• At the same time, Canadian investment in foreign securities resumed to reach $10.6 billion, led by purchases of non-US instruments.
• As a result, international transactions in securities generated a net outflow of funds of $2.9 billion from the Canadian economy in September.
• For the third quarter, portfolio investment generated a net inflow of funds in the economy of $2.4 billion, the lowest in nearly three years.